Looking to diversify beyond NTHEX? The mutual funds below have the lowest correlation with NTHEX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NTHEX.
Best Diversifiers for NTHEX
18 mutual funds have low correlation with NTHEX (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.07 | -0.07 | -0.03 | 100 | High Yield Bonds | NTHEX vs XILSX | |
| Federated Hermes High-Yield Strategy Portfolio | 0.04 | 0.24 | 0.37 | 71 | High Yield Bonds | NTHEX vs FHYSX | |
| Cliffwater Corporate Lending Fund | 0.11 | 0.13 | 0.13 | 100 | High Yield Bonds | NTHEX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.16 | 0.14 | 0.19 | 100 | High Yield Bonds | NTHEX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 0.17 | 0.21 | 0.29 | 96 | High Yield Bonds | NTHEX vs PRFRX |
See all 20 diversifiers for NTHEX
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